Oil Is Prey for New Hawk of a Different Name

Oil Is Prey for New Hawk of a Different Name

The senior executives of Halcon Resources Corp. have a fatter checkbook than when they started Eagle Ford Shale pioneer Petrohawk Energy Corp. not so very long ago. Having sold that successful natural gas-focused venture, with Halcon they are targeting unconventional oil plays with a similar strategy and expecting similar success.

August 23, 2012

Louisiana Sees Future in Ultra-Deep Wells

Plans by McMoRan Exploration to drill a 30,000-foot well in South Louisiana could herald a new era of drilling at depths greater than 22,000 feet in the state, said Louisiana Department of Natural Resources (DNR) Secretary Scott Angelle.

July 30, 2012

Pennsylvania Urges Adoption of DRBC Water Rules

Pennsylvania officials are renewing their effort to get fellow members of the Delaware River Basin Commission (DRBC) to agree to revised water quality regulations that could ultimately open the basin to expanded Marcellus Shale natural gas drilling.

June 21, 2012

Interior Orders Industry Exercise of Offshore Containment Systems

Interior Secretary Ken Salazar Thursday directed the Marine Well Containment Co. (MWCC) to conduct a live drill this summer of its $1 billion oil spill containment system, which was developed following the the Macondo well blowout and deadly rig explosion in in the Gulf of Mexico (GOM) in 2010.

May 29, 2012

MSC Touts Marcellus Best Practices

Seeking to create a uniform standard for how the oil and gas industry in the Appalachian Basin goes about drill site planning, developing and restoring the landscape once operations are complete, the Marcellus Shale Coalition (MSC) has released its first Recommended Practices (RP) report.

April 30, 2012

Consol Getting Wet in Shales in Early Drilling

Consol Energy Inc. began its shift toward liquids in the first quarter, moving into the wet-gas portions of the Marcellus and Utica shales of southwestern Pennsylvania, West Virginia and Ohio.

April 18, 2012

North Dakota Continues to Set Production Records

After a record-setting 2011, North Dakota continues to set all-time highs in oil and natural gas production, producing wells and rig counts, according to the latest statistics from the state’s Department of Mineral Resources (DMR).

March 22, 2012

New York Town’s Drilling Ban Upheld

A judge in New York State has ruled that an ordinance and a zoning requirement enacted last year by the town of Dryden, NY, essentially banning all Marcellus Shale oil and gas activities in the municipality, are not preempted by state law and can remain in effect.

February 23, 2012

Petsec Buys Into Canadian Shale Oil

Petsec Energy Ltd. has agreed to pay 35% of the costs to drill at least one well and as many as three others in a shale oil project in Alberta in exchange for a 24.5% working interest in shale oil leases covering 17,280 acres, the Sydney, Australia-based independent said. The seller was not disclosed.

February 17, 2012

California Drilling Gets Positive Reception, Says Oxy

Occidental Petroleum Corp. (Oxy) CEO Stephen Chazen last Wednesday said the permitting process to drill in California has been streamlined, and he credited Democratic Gov. Jerry Brown for the turnaround.

January 30, 2012